Monthly Rent Report
Streeterville Rent Report — August 2023
Asking rents in ZIP 60611, Chicago, from 81 listings.
Median 1BR rent in Streeterville was $1,995 in August 2023, down 33.5% (−$1,005) from July 2023 and down 25.2% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Streeterville $475 above the Chicago citywide 1BR median of $1,520. The month's figures are based on 81 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,091 | −$114 (-5.2%) | −$362 (-14.8%) | $1,778 – $2,538 | 54 |
| Studio | $2,155 | −$50 (-2.3%) | −$298 (-12.1%) | $2,155 – $2,155 | 1 |
| 1BR | $1,995 | −$1,005 (-33.5%) | −$671 (-25.2%) | $1,995 – $1,995 | 1 |
| 1BR | $2,200 | −$800 (-26.7%) | −$466 (-17.5%) | $2,200 – $2,200 | 1 |
| 2BR | $3,650 | −$839 (-18.7%) | −$428 (-10.5%) | $3,625 – $3,675 | 2 |
| 2BR | $4,100 | −$389 (-8.7%) | +$22 (+0.5%) | $4,100 – $4,100 | 1 |
| 3BR | $6,535 | −$65 (-1.0%) | +$209 (+3.3%) | $5,918 – $7,372 | 14 |
| 3BR | $6,000 | −$600 (-9.1%) | −$326 (-5.2%) | $6,000 – $6,000 | 1 |
| 4BR | $7,000 | −$1,750 (-20.0%) | +$3,200 (+84.2%) | $7,000 – $7,000 | 5 |
| 4BR | $6,500 | −$2,250 (-25.7%) | +$2,700 (+71.1%) | $6,500 – $6,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Streeterville vs. Chicago — August 2023
| Bedrooms | Streeterville Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,091 | $1,250 | +$841 (+67.3%) |
| Studio | $2,155 | $1,250 | +$905 (+72.4%) |
| 1BR | $1,995 | $1,520 | +$475 (+31.3%) |
| 1BR | $2,200 | $1,520 | +$680 (+44.7%) |
| 2BR | $3,650 | $1,808 | +$1,843 (+101.9%) |
| 2BR | $4,100 | $1,808 | +$2,293 (+126.8%) |
| 3BR | $6,535 | $2,395 | +$4,140 (+172.8%) |
| 3BR | $6,000 | $2,395 | +$3,605 (+150.5%) |
| 4BR | $7,000 | $2,692 | +$4,308 (+160.0%) |
| 4BR | $6,500 | $2,692 | +$3,808 (+141.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2023.